Legislators move quickly on insurance changes in special session - Jacksonville Business Journal

By Jim Saunders – News Service of FloridaFlorida lawmakers began moving quickly Monday to pass major property-insurance changes, with supporters saying the plan would stabilize the troubled system and critics saying it would hurt consumers. Sen. Danny Burgess, R-Zephyrhills, said lawmakers need to take action as homeowners across the state face large rate increases and struggle to find coverage.

Several speakers during the Banking and Insurance Committee meeting said the bill would limit access to courts for policyholders and create a “David and Goliath” situation that would benefit insurers. “This bill gives Goliath a better helmet, and it hurts me,” said Jonathan Albaugh, whose family has been battling over a claim from Hurricane Michael, which made landfall in 2018 in Mexico Beach and caused massive damage in Northwest Florida.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

4 reasons Jacksonville, Florida, is a hot market for real estate investing - Jacksonville Business JournalJacksonville is home to the perfect combination of low home prices, high rental rates and high-property appreciation-making investing so that’s what makes it so appealing.
La source: JaxBizJournal - 🏆 599. / 51 Lire la suite »

Jacksonville-area homebuilding retreats after hitting 'unsustainable' pace - Jacksonville Business Journal2022 wasn't quite as busy for builders as 2021 due in large part to interest rate increases.
La source: JaxBizJournal - 🏆 599. / 51 Lire la suite »

Jacksonville-area homebuilding retreats after hitting 'unsustainable' pace - Jacksonville Business Journal2022 wasn't quite as busy for builders as 2021 due in large part to interest rate increases.
La source: JaxBizJournal - 🏆 599. / 51 Lire la suite »

Here's how average bonuses are trending as 2022 draws to a close - Jacksonville Business JournalBonus season is coming, but there's a catch. Here's how average bonuses are trending in 2022.
La source: JaxBizJournal - 🏆 599. / 51 Lire la suite »

Site for Home Again St. Johns approved by county - Jacksonville Business JournalThe organization, which provides services for the homeless and others in need, will have its headquarters on S.R. 16.
La source: JaxBizJournal - 🏆 599. / 51 Lire la suite »

Housing market stabilizing to close out November - Jacksonville Business JournalPrices fell and time on market increased as we enter the holiday season.
La source: JaxBizJournal - 🏆 599. / 51 Lire la suite »